Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land on Chapman Highway Title is generated by Realmo AI

    12713 Chapman Hwy, Seymour, TN 37865

    View on Map
    Claim this Listing
    Picture of Commercial land at 12713 Chapman Hwy, Seymour, TN
    For Sale
    $114,500

    LAND - Seymour, TN

    Lot size:
    1.90 Acres
    Added:
    May 14, 2024
    Days on Market:
    743
    Last Refresh:
    May 26 at 5:06 pm

    Property Features for 12713 Chapman Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-1
    Standard status
    Active
    APN
    194.00
    Lot size
    1.90 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    139

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    We can help!

    Listing Contact
    Valerie Jean Fox

    Listing agent Valerie Jean Fox License #366705

    Listing office Crye-Leike Premier Real Estate LLC 365 E Economy Rd, Talbott, TN

    Listing date May 14, 2024

    MLS# 703703 Listing URL

    Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Almost 2 acres with 196 feet of road frontage.
    • Well with a new well pump already installed.
    • Electric and septic system already on site.
    • Flat portion of property suitable for clearing and potential view.
    • Great investment opportunity.
    • Water source: Well, Sewer: Septic Tank

    Overview

    This property features almost 2 acres of land with 196 feet of road frontage on Chapman Highway in Seymour, Tennessee. The site includes a well with a new well pump, electric service, and a septic system. A flat portion at the top of the property could be cleared to potentially offer views. The property is zoned A-1 and presents an investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Building Supply HVAC Service Furniture & Home Goods Grocery & Convenience Store Travel Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seymour
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.70453
    Latitude
    35.847797

    Nearby Similar for Sale

    • $364,900
      3,417 SF

      Seymour Multi-Family Investment Opportunity

      Multi-family property in Seymour, TN with income potential.
      108 N Knob Creek Rd, Seymour, TN 37865
      View Details
    • $259,900

      Unrestricted Land in Seymour, TN

      5.75 acres of unrestricted land to build your dream home.
      646 N Shiloh Rd lot: #3, Seymour, TN 37865
      View Details
    • $899,900
      2,400 SF

      Farmhouse on 41 Acres

      Farmhouse on 41 acres with mountain views and creeks.
      Sauls Rd, Seymour, TN 37865
      View Details
    • $180,000

      Seymour Land with Mountain Views

      7.32-acre property with mountain views, convenient to Knoxville and Sevierville.
      Carr Rd, Seymour, TN 37865
      View Details
    • $2,450,000
      4,129 SF

      Seymour Restaurant Opportunity For Sale

      Full-service restaurant in Seymour, TN, with FF&E and ample parking.
      10321 Chapman Highway, Seymour, TN 37865
      View Details
    • $319,900

      Seymour, TN Land Opportunity

      6.8 +/- acre lot in Seymour, Tennessee.
      N Knob Creek Rd lot: 3, Seymour, TN 37865
      View Details
    • $399,000

      Commercial Lot on Chapman Highway

      Commercial lot with high traffic and road frontage in Seymour, TN.
      CHAPMAN HIGHWAY, Seymour, TN 37865
      View Details
    • $196,209
      880 SF

      Renovated Multi-Family Investment Opportunity

      Renovated multi-family property in Seymour, TN with income potential.
      1063 Boyds Creek Highway, Seymour, TN 37865
      View Details
    • $35,000

      Residential Land in Seymour, TN

      Residential land for sale in a desirable Seymour neighborhood.
      Cherokee Tr, Seymour, TN 37865
      View Details
    • $599,000
      43,995 SF

      Seymour Commercial Land For Sale

      1.01 acre commercial parcel in growing Seymour, Tennessee.
      11730 Chapman Highway, Seymour, TN 37865
      View Details
    • $425,000
      3,300 SF

      Seymour Multifamily/Mixed-Use Opportunity

      Updated 8BR/4Bath property suitable for residential or commercial use.
      329 Boyds Creek Hwy, Seymour, TN 37865
      View Details
    • $374,900

      Mountain View Acreage in Seymour

      6.2+/- acre partially cleared homesite with mountain views.
      N Knob Creek Rd lot: 4, Seymour, TN 37865
      View Details

    FAQs

    What type of property is this?
    Commercial land - Almost 2 acres with utilities in Seymour, Tennessee.
    Where is this commercial land located?
    The property is located at 12713 Chapman Hwy Seymour, TN.
    What is the asking price?
    The asking price for this property is $114,500.
    What are key features of this property?
    This property features: Almost 2 acres with 196 feet of road frontage.; Well with a **new well pump already installed**.; Electric and septic system already on site.
    (865) 621-4089
    We can help!
    Listing Contact
    Valerie Jean Fox
    Real Estate License ID: 366705
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12713 Chapman Hwy, Seymour, TN 37865
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!